The Ratio of the Change in Consumption to the Change

question 116

Multiple Choice

The ratio of the change in consumption to the change in disposable income is the

• A) marginal propensity to consume.
• B) marginal propensity to save.
• C) average propensity to consume.
• D) average propensity to save.

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Definitions:

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The second level of Kohlberg’s theory in which moral decisions are based on conforming to social rules.

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